Category: Coronavirus (COVID-19) SARS-COV-2
Weekly GBP/USD Estimate: More Dollar Strength? Omicron And UK GDP May Be Outweighed By US Inflation
Winter is approaching, and so will rate increases. The Fed indicated it is prepared to commence tapering. A speedier decrease in bond purchases means rising…
Gold Price Prediction: XAU/USD To Overcome Short-Term Negative Bias Over $1,792
The Gold price is attempting to build on the gains made on Wednesday. As Dhwani Mehta of FXStreet points out, if the golden cross is…
USD/JPY Falls Beneath 113.00 For The First Time Since October 11th
On Tuesday, several factors conspired to push the USD/JPY to its lowest level since October 1. As a result of the COVID-19 difficulties, the risk-off…
Stocks Tumble on Fear of New Coronavirus Variant
On Friday, US stocks closed lower, as the S&P 500 and the Dow suffered their biggest percentage one-day drops in months. Pandemic-hit sectors fell sharply,…
Fears Over China Sends Asian Stocks Down
Following the sell-off that occurred in the last two sessions, Asian equities are attempting to regain their footing on Wednesday. Investors are being wary ahead…
Rising Inflation Might Not Ease In The Short-Term
Details of the last ECB meeting, held yesterday, showed that the board took some time to discuss modifications to the bank’s new policies regarding interest…
UK Inflation Slows Down In July; GBP/EUR Rangebound
After UK inflation data for last month was released, the GBP/EUR is trading at a range bound around the $1.19 level in the afternoon session….
Crude Oil Prices Stabilize in spite of Covid-19
Despite concerns regarding the spread of the COVID-19 Delta variant and its effect on oil demand and price, crude oil prices remain steady as of…
Oil Steadies After The US Urges Producers To Hike Output
Crude oil has been falling ever since it reached a peak price of $78 three months ago. Today’s oil price action proves that buyers have…
Canadian Dollar on The Rise As BoC Might Hike Rates
A new Reuters survey shows a higher prediction for the Canadian dollar because experts anticipate a hike in interest rates by the Bank of Canada…
